Silver: Silver trading below its MA’s

Posted on May 4, 2012 by GCI Financial

  Silver prices declined 1.71% to USD30.12 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.13, flat from yesterday’s close. Silver is expected to find support at 29.81, and a … Continue reading →

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Gold: Yellow metal trading higher this morning

Posted on May 4, 2012 by GCI Financial

  Gold prices traded lower by 1.10% against the USD in the 24 hour period ending 23:00GMT, at 1635.38 per ounce, as the greenback strengthened. In the Asian session, at GMT0300, Gold is trading at 1637.00, 0.10% higher from yesterday’s … Continue reading →

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Crude Oil: Crude Oil drops as US oil stocks hit 22-year high‎

Posted on May 3, 2012 by GCI Financial

  Oil prices declined 0.43% against the USD for the 24 hour period ending 23:00GMT, closing at 105.40, as weak economic data in Europe and the US dampened demand outlook. Crude-oil further declined after US crude-oil inventories rose to their … Continue reading →

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Silver: Silver trading below its MA’s

Posted on May 3, 2012 by GCI Financial

  Silver prices declined 1.11% to USD30.65 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.46, 0.60% lower from yesterday’s close. Silver is expected to find support at 30.25, and … Continue reading →

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Gold: Yellow metal continues to trade lower

Posted on May 3, 2012 by GCI Financial

  Gold prices traded lower by 0.53% against the USD in the 24 hour period ending 23:00GMT, at 1653.60 per ounce, as weak physical demand and growing speculation that the Federal Reserve is less likely to intervene in the economy … Continue reading →

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Crude Oil: Crude Oil rises on upbeat manufacturing data from US and China

Posted on May 2, 2012 by GCI Financial

  Oil prices advanced 0.98% against the USD for the 24 hour period ending 23:00GMT, closing at 105.86, supported by positive manufacturing data from the US and China that lifted hopes of higher oil demand at the world’s top two … Continue reading →

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Silver: White metal trading below its MA’s

Posted on May 2, 2012 by GCI Financial

  Silver prices declined 0.16% to USD30.99 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 30.88, 0.34% lower from yesterday’s close. Silver is expected to find support at 30.66, and … Continue reading →

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Gold: Yellow metal losses its shine as US data eases economic concerns

Posted on May 2, 2012 by GCI Financial

  Gold prices traded lower by 0.20% against the USD in the 24 hour period ending 23:00GMT, at 1662.45 per ounce, as upbeat US manufacturing data soothed worries about the state of nation’s economy and dampened hopes of more monetary … Continue reading →

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Crude Oil: Continues to trade flat

Posted on May 1, 2012 by GCI Financial

  Oil prices advanced marginally against the USD for the 24 hour period ending 23:00GMT, closing at 104.83. Investors await the oil inventory reports later today and tomorrow to offer guidance to oil prices. In the Asian session, at GMT0300, … Continue reading →

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Silver: Pair trading between its MA’s

Posted on May 1, 2012 by GCI Financial

  Silver prices declined 0.80% to USD31.04 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 31.08, 0.12% higher from yesterday’s close. Silver is expected to find support at 30.64, and … Continue reading →

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Gold: Yellow metal rose on tipid US data

Posted on May 1, 2012 by GCI Financial

  Gold prices traded higher by 0.10% against the USD in the 24 hour period ending 23:00GMT, at 1665.75 per ounce, as the greenback weakened on poor US economic data. In the Asian session, at GMT0300, Gold is trading at … Continue reading →

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